According to CME data, BTC futures are currently experiencing alternating positive and negative premiums during the day. This morning, the positive premium of BTC reached a high of $700, and even now it remains above $400. This is a very high positive premium data in recent times, even exceeding the premium when BlackRock applied for a BTC spot ETF in mid-June. Condition.
The high positive premium means that US institutions and professional investors are optimistic about the short-term price trend of BTC. Today I also saw a data report from K33, saying that CME’s BTC futures positions have exceeded 100,000, reaching a record high, which shows that applications for Bitcoin spot ETFs are stimulating BTC investors in the United States.